Lyft reports Q4 revenue $1.55B, consensus $1.54B

Reports Gross Bookings of $4.3 billion, up 15% year over year. Reports net income of $61.7 million compared to net loss $(26.3) million in Q4’23. “2024 was a record-smashing year for Lyft (LYFT). Thanks to our industry-leading service levels, we helped 44 million people across the U.S. and Canada get off their tuchuses,” said CEO David Risher. “But we’ve got more to do. Our biggest competition is inertia. 2025 will be the year we show millions of riders and drivers: You’ve now got a better rideshare choice.”